Comment by strnisa
1 day ago
That approach generally doesn't work from a legal perspective: prepaid tokens are often treated as e-money (especially if it's not for company's own products or services), and in many jurisdictions, holding value for users requires an e-money/money transmitter license.
I kind of expected this, though not want this way :( ... it seems governments will go to any extent to prevent creation of alternative source of value other than the one they can fully control... for good mostly, bad at other times..